Stuart Staniford, report on Chinese transportation growth, “To avoid injury, I strongly recommend that you first arrange for ample clearance below your lower jaw…”
The Chinese vehicle fleet will surpass the US about 2017 at a compound annual growth rate of 31% in private passenger vehicle ownership.
It’s as if the US borrowed money from China in order to fight an oil supply war in Iraq in order that China could become the greatest industrial power the world has ever seen.